ACCA vs. CA: Global Recognition and Career Scope After Class 12th

Having done 12th, students interested in finance tend to seek out courses that are high profile and provide good global career prospects. Two of the most highly sought-after certifications in this area are the CA (Chartered Accountancy) and ACCA (Association of Chartered Certified Accountants). Though both provide for well-respected jobs in finance and accounting, they differ greatly in terms of international acceptance, career path, and flexibility. In this blog, we'll dissect the major differences between CA and ACCA after 12th standard. This guide will assist you in making the correct choice of course depending upon your long-term interests and where you see yourself establishing your career.

CA Course Details After 12th

The Institute of Chartered Accountants of India (ICAI) governs and manages the chartered accounting program in the country. The program puts much weight on Indian legal standards, accounting, auditing, and taxation. The three-year mandatory practical training, often called an articleship, that provides students with firsthand experience to the business is a major component of the CA journey.

The next three levels have to be followed by students in order to qualify as chartered accountants:
  • CA Foundation
  • CA Intermediate
  • CA Final

ACCA Course Details After 12th

Over 180 nations recognize the Association of Chartered Certified Accountants (ACCA), a UK-based certification. Students who are looking to have a global career in accounting and finance would find it highly beneficial. IFRS (International Financial Reporting Standards) and other international financial practices are the core subjects of the syllabus. The course can typically be completed in two to three years with consistent progress.

Three levels constitute the structure of the ACCA qualification:
  • Applied Knowledge: a basic understanding of finance and accounting
  • Applied Skills: basic subjects like financial reporting, auditing, and taxation
  • Advanced modules for Strategic Professionals to prepare for senior roles

ACCA vs CA: Job roles and salaries

Here’s a breakdown of the job designations and their salaries across different CA and ACCA roles:

Job role CA salary (in INR)
Tax consultant INR 2 – INR 4.7 LPA
Auditor INR 1-10 LPA
Financial analyst INR 2.1 – INR 12.8 LPA
CFO (senior level) INR 12 LPA – INR 1 crore

Job role ACCA salary (in INR)
Management accountant INR 3-25 LPA
Risk manager INR 4.5 – INR 25.2 LPA
Finance manager INR 3.5 – INR 32.9 LPA

ACCA or CA: Which should you choose?

Your career aspirations will lead you to select CA or ACCA. You are a good bet for India if you wish to pursue a career there. It is widely recognized in Indian companies, government services, and public sector jobs—offering stability and superior remuneration.
Nevertheless, ACCA opens doors for you to large companies globally if you desire to establish a worldwide career. For individuals who would like to work abroad, ACCA is the ideal choice because it focuses on worldwide standards and provides convenient exam alternatives.
Learn from industry experts with a combined experience of over 20 years at The WallStreet School in India. Enjoy in-depth study material, expert guidance, and 100% placement support.

Start your journey to your dream job by choosing the path that suits your vision best.

Related Searches

Timed Popup with Styled Button

FAQs

Are there specific sectors where CA is preferred over ACCA?

Indeed, in fields requiring in-depth familiarity with Indian rules and regulations, a certified public accountant is typically preferable. Due to their expertise in Indian systems and standards, chartered accountants are generally preferred in fields such as tax consulting, statutory audit, government finance, and regulatory compliance.

Does ACCA or CA offer more flexibility with online study resources?

In terms of online education, ACCA provides more freedom. Students and working professionals who want a flexible, self-paced learning strategy will find it ideal because it offers modular content, remote tests, and access to worldwide study platforms.

Is ACCA recognised in India, and will it help me work here?

Indeed, ACCA is becoming more and more well-known in India, especially among international accounting firms and multinational corporations (MNCs). Candidates who complete ACCA's internationally linked curriculum are well-suited for positions in finance, audit, and compliance within India's corporate sector since these businesses adhere to IFRS and international reporting standards.

Can I switch from CA to ACCA if I find CA too difficult?

Yes, ACCA is the choice of many students who find CA's strict framework and poor pass rates difficult to handle. Higher worldwide pass rates, modular tests, and greater flexibility are all provided by ACCA. Additionally, you could be eligible for ACCA exemptions if you have completed some CA levels, which would enable you to carry on with your financial career without having to start again.